RE:RE:RE:RE:RE:RE:Tony tony tonyThe company has had a ridiculous quarter, including write-downs & delays. However the current valuation is crazy. That the company is valued at US$460M, excluding cash of $177M. If NSU's 60% of Bisha is generating (after-taxes, G&A, exploration, and a dividend) $40M per yer for the next 4 years, Bisha must still be worth at least $150M, which leaves just over $300M for the remaining licences around Bisha and Timok. Given the company's record this year, I can understand the huge discount, but it is hugely undervalued - especially given the current values of gold, copper and zink, as well as the Timok potential. Timok alone should be valued at well over $1B. Expect a big bounce over the next 45 - 60 days when better Q3 are reported, and the Timok PEA is announced. Things will get better from there.